Bill Me Later has announced a strategic partnership with Universal Air Travel Plan (UATP), the airline-owned corporate travel payment network. The partnership enables airlines to integrate Bill Me Later by utilizing their existing UATP Network for processing Bill Me Later transactions. READ MORE »

Consumer Action has released its annual 2008 Credit Card Survey, the latest annual survey that examined 41 cards from 22 financial institutions in the United States. The survey identified several credit card issuer practices that Consumer Actions says "put even good consumers at risk: Any time, any reason changes in terms; Reductions in cardholder’s credit limits; Default rate “purgatory” — once in, you may never get out."

New research from TowerGroup titled "Check, Please! Checks Still the Most Common Noncash Payment Type in the United States" concludes that while the rapid adoption of electronic payments is driven by the desire of payers (both businesses and consumers) for faster, easier, and more efficient ways to make purchases and pay bills, B2B payments remain the last bastion of checks - making up nearly 60 percent of US check dollar value. These persistent challenges in making and receiving electronic payments are a main reason why average US check values are increasing faster than any other payment type, even as the numbers of checks themselves decline. READ MORE »

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